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- rgitt05 replied Dec 4, 2008
Hidden Divergence on the Daily Chart? —
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 4, 2008
Based on all three TF, I see a pullback to the 138 to 139 level if the PA is above the DP before the BIG DROP from the NFP at 8:30am sharp Friday...I believe the PA will start without the news...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 4, 2008
4hr GJ riding the trendline and below the Gann-Hilo — 134.00 support tested twice and hopefully the third time is the breakout. The next level is 131.60 (1.382%) FE, than 128.72 (161.18%) FE
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 4, 2008
Getting close to my 129 target — USD/JPY: GM and Alcoa Drag DJI and USD/JPY Lower New York, December 4. The US auto sector talks in Washington are not going so well. The testimony by Moody"s Zandi suggested that the manufacturers would likely ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 4, 2008
EUR/USD: Up With Cable Profit Taking After BoE Rate Call London, December 4 — Looking at the Sterling price action following the BoE 100 bps rate cut it would appear that a large slice of the market was looking for a greater reduction. Cable ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 4, 2008
GBP/USD: Position Squaring Ahead of UK Bank Rate Verdict London, December 4. — Some profit-taking on short GBP positions is being attributed as a factor in cable"s lift to a high of 1.4579 ahead of the top-of-the-hour BoE MPC interest rate ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 4, 2008
Still on track to a historical GJ low — Come 129.00 (161.8% FE) Show me the pips...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 4, 2008
Still on track for a BIG fall — I see 129 very soon.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
You post a comment before my post...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
Revised 4hr Chart — The Gann-Hilo is lined up along the 139 area on the fib and also the trendline... I figured a short rally before a nice drop to a new low unless the JPY have something new to change direction... TP near the 129.00 zone.... ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
What will one pip cost after a rate cut of the GU? — Tommorrow, GU will have a rate cut decision and that will affect the pip value.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
Lilmoe, The market already factored in the forecasted bad news release on that new drop...More will come after theBOE and EU rate cut tommorrow or the bailout decision next monday... The market bias is bearish...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
Good statement...I remembered when I went to engineering school, my professor told me that american design cars were made only to last for short time or the industry will dry up of new comsumers...I heard from an ex-workers from Ford or GMC that the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
The "Detroit South" which are the Mercedes Benz, Mazda, Toyota, lexus,Honda,etc. I don't hear these companies having money problems...Maybe the Big three should following their business layout and come up with a similar infrastructure... I don't ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
Hi Dr. G, I tried my best to not get involved with the fundamentals or others source of information too much ...I am a swing trader so I put my trust on higher TF to stay in the trade...I usually trade the 4hr most of the time...The market bias is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
4hr GJ chart — The trend in the blue triangle is still holding...I believe with the news at 2pm Beige Book, the PA will test the lows if the news is real bad.. Good Luck...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
2pm Beige Book — This afternoon, we'll get the Fed's Beige Book update on the economy and it will not be pretty...We think the weakness the report is likely to portray will reverse the mild recovery seen today in stocks and JPY-crosses. With ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- rgitt05 replied Dec 3, 2008
GBP/USD: Rebound in US Equities Helps to Prop into Fix New York, December 03. — Equities have recovered nicely as we head into the London fixing and this has helped to bolster the pair with the price trading well off of its intraday lows by ...
Auslanco - GBP/JPY and GBP/USD (newstrade)